Paytm has introduced AI Soundbox, India’s first AI-powered device that acts as a smart business assistant for payments for small and medium businesses.
Everything you need to know about Paytm AI sound box
Unlike the previous Soundbox, which only alerted sellers about payments, this new version acts as a smart business assistant, providing real-time insights and financial details.
The AI assistant interacts with merchants in 11 local languages other than English.
Sellers can ask the device questions about sales, collections, and overall performance.
AI instantly returns summaries, business insights, and actionable recommendations to help businesses make smarter decisions without spending hours in spreadsheets.
At the launch of the new device, Paytm Founder and CEO Vijay Shekhar Sharma said, “From the introduction of QR code-based mobile payments to the innovation of Soundbox, a trust device at scale, we are now entering the intelligence era with multiple AI-first products.”
AI Soundbox supports payments via dynamic QR code, tap, and card insertion for frictionless transactions. Merchants can track collections through both voice and touchscreen options, and the top display provides instant payment updates.
This device works perfectly with Wi-Fi and 4G connectivity, including restaurants, retail stores, and outdoor markets.
Android-based Soundbox combines advanced software with a user-friendly design and features a Paytm button for quick access to support and important notifications.
Additionally, additional AI usage is billable, providing flexibility for businesses of all sizes.
Paytm stock rose around 2.5% on October 7 after the fintech company announced the launch of an AI soundbox for payments.
“With Paytm AI Soundbox, we are making the power of AI available to small and medium-sized enterprises and micro-enterprises across the country. We believe that AI will help small and medium-sized enterprises scale faster and enable large enterprises to operate more efficiently and intelligently. We remain committed to making AI comprehensive, reliable, and safe for everyone to use,” added CEO Vijay Shekhar Sharma.
Paytm said, “As a homegrown fintech pioneer, Paytm is leading India’s AI journey. Through an AI-first approach, Paytm is creating technology that builds trust, drives efficiency, and enables millions of merchants to operate with confidence and scale at sustainable scale.”
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